Tranche Update on Toyo Seikan Group Holdings, Ltd.'s Equity Buyback Plan announced on May 12, 2023.
December 01, 2023 at 02:00 am EST
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From October 1, 2023 to November 30, 2023, the company has repurchased 4,659,300 shares, representing 2.59% for ¥11,464.16 million. With this, the company has completed the repurchase of 8,027,200 shares, representing 4.44% for ¥19,999.93 million under the buyback announced on May 12, 2023.
Toyo Seikan Group Holdings, Ltd. is a Japan-based packaging container manufacturer. The Company operates in four business segments. The Packing Container Related segment is engaged in the manufacture and sale of cans for canning and other metal products, plastic, glass and paper products, as well as the contract manufacture and sale of aerosol products and general goods filing. The Steel Plate Related segment is engaged in the manufacture and sale of steel and processed steel plates. The Functional Material segment offers disk substrates, optical function films, glazes and gel coat. The Real Estate segment is engaged in the leasing of buildings and commercial facilities. The Others segment is engaged in the manufacture and sale of hard alloy, machineries and tools, agricultural materials, the sale of petroleum products, as well as the insurance agency business.